News about India Economic Summit 2011

India Can Become a Model for a New “Democratic Capitalism”
14 Nov 2011
  • India should deepen its democracy and strive to create a new model of “democratic capitalism”
  • While India should focus on pushing reforms, the government should remember that growth is critical
  • Technology can be used to enhance talent development, financial inclusion, transparency and good governance
  • More information about the Summit is available at http://www.weforum.org/india
Industry Opposes Proposed Land Acquisition Law
14 Nov 2011
  • There is overwhelming need to surmount the trust deficit between the government, businesses and civil society, and between land sellers and buyers to overcome land-based conflict
  • Both private sector and government projects will become difficult if proposed land acquisition bill is passed
  • Industry leaders want many provisions in proposed legislation amended
  • More information about the Summit is available at http://www.weforum.org/india
India Can Take Lead in Creating Infrastructure of Sustainable Growth
14 Nov 2011
  • India has an opportunity to lead in creating the infrastructure of sustainable growth
  • Structural changes will be needed in energy sector to facilitate environmental and economic efficiency
  • Urbanization is an obstacle requiring strategic, integrated efforts from government and private sector
  • More information about the Summit is available at http://www.weforum.org/india
State and Central Government Cooperation Essential for Good Governance in India
14 Nov 2011
  • A good understanding between states and the central government will strengthen Indian people’s confidence in their leaders
  • Environmental policy and the approval of infrastructure projects have proven to be difficult areas for states and the central government to find a balance of power
  • A think tank or non-partisan policy unit could be created to help states develop policies
  • More information about the Summit is available at http://www.weforum.org/india
Financial and Technological Innovation Needed for Growth Inclusion in India
14 Nov 2011
  • Financial products are not to blame for the financial crisis; the lack of regulation caused the meltdown
  • Financial, institutional and technological innovation is essential in connecting more people in India to the banking system
  • More information about the Summit is available at http://www.weforum.org/india
India’s New Manufacturing Policy Vital to Create Jobs and Maintain Growth
13 Nov 2011
  • New manufacturing policy aims to create 100 million jobs and claim 25% of GDP by 2022
  • India’s growth will falter without large-scale job creation – the service industry alone cannot deliver
  • Greater investment in infrastructure, good governance and skills development are needed to make the policy reality
  • The Indian government welcomes participation by foreign companies in manufacturing
  • More information about the Summit is available at http://www.weforum.org/india
More Anti-corruption Bills to Be Introduced in India’s Parliament
13 Nov 2011
  • The Indian government has prepared seven anti-corruption bills to be considered in Parliament in its forthcoming session
  • Civil society leaders who led anti-graft protests in the summer are threatening to restart agitation if suitable legislation for instituting an ombudsman is not introduced
  • Corruption is hurting growth and discouraging both domestic and foreign investment
  • Civil society, business leaders and the government agree on the need to introduce transparency in government, end discretionary decision-making, make the judicial process more effective, create a public attitude of zero tolerance for corruption and bring back Indian money parked in tax havens abroad
  • More information about the Summit is available at http://www.weforum.org/india
World Economic Forum Launches the Global Shapers Community in India
13 Nov 2011
  • Fifty per cent of the world’s population is under the age of 27, but the youth voice has been largely absent from global decision-making platforms and processes
  • The World Economic Forum will bring its 41 years of experience building multistakeholder communities to a global platform for this dynamic generation
  • Global Shapers are 20-30 years of age, with great potential for future leadership roles in all sectors of society. For more information about the Global Shapers community: www.weforum.org/globalshapers
Fast Expanding South-South Trade Becoming a Vital Driver of Global Growth
13 Nov 2011
  • While economic growth and demand in developed economies remain weak, trade among emerging markets is expanding rapidly
  • Cultural affinities between Africa and Asia are helping to increase trade between the two continents
  • Developing economies should promote investment to boost trading capacity and deepen regional integration to strengthen their competitive advantages
  • More information about the Summit is available at http://www.weforum.org/india
India’s Top Priority Is Meeting High Aspirations of Younger Generation
13 Nov 2011
  • New prosperity has unleashed huge aspirations among the young; fulfilling them is the country’s next challenge, participants declare at India Economic Summit
  • India has reason to be satisfied with its economic achievements over the past 20 years, but must move fast on long-delayed reforms
  • India needs more access to capital to grow, and growth needs to be faster and more inclusive
  • More information about the Summit is available at http://www.weforum.org/india
Neelam Chhiber Awarded as India’s Social Entrepreneur of the Year 2011
12 Nov 2011

The Schwab Foundation for Social Entrepreneurship, a sister organization of the World Economic Forum, in partnership with the Jubilant Bhartia Foundation announced Neelam Chhiber, Managing Director, Indus Tree Crafts Foundation (ICF), as the winner of the 2011 India Social Entrepreneur of the Year award. The award was conferred in Mumbai at a ceremony attended by over 200 participants in the presence of Prithviraj Chavan, Chief Minister of Maharashtra, Ashwani Kumar, Minister of State for Planning, Science, Technology and Earth Sciences of India, and Klaus Schwab, Executive Chairman and Founder of the World Economic Forum.

 

World Economic Forum’s First Summit in Mumbai Ready for Kickoff
10 Nov 2011
  • For the first time in its 27-year history, the India Economic Summit will take place in Mumbai
  • From 12 to 14 November, the Summit will bring together over 800 participants from 40 countries
  • For more information, please visit at http://www.weforum.org/india
Ask a Leader at the India Economic Summit: Your Link to Leadership
31 Oct 2011
  • Have your voice heard and your questions answered at this year’s India Economic Summit in Mumbai
  • World Economic Forum opens Ask a Leader project on YouTube and Facebook
  • Deadline to submit questions is 9 November 2011
  • World Economic Forum’s India Economic Summit will take place on 12-14 November in Mumbai
  • More information about the Summit available at http://www.weforum.org/india
Media Accreditation Opens for First India Economic Summit in Mumbai
19 Sep 2011
  • 27th India Economic Summit to be held in Mumbai for the first time on 12-14 November 2011
  • The media is invited to participate in the official programme on 13-14 November
  • Members of the media are invited to sign up now for media accreditation at www.weforummedia.org
World Economic Forum To Hold Summit For First Time In Mumbai
30 May 2011
  • 27th India Economic Summit to be held in Mumbai for the first time
  • Summit to be held on 12-14 November 2011 under the theme Linking Leadership and Livelihood
  • Read more about the 2011 India Economic Summit in Mumbai
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